Are you considering investing in Disney Vacation Club (DVC) but wondering if it’s transferable? Well, you’ve come to the right place! In this article, we will explore the transferability of Disney Vacation Club and answer all your questions.
What is Disney Vacation Club?
Disney Vacation Club is a timeshare program that allows members to purchase points that can be used to stay at various Disney resorts. These points can be used towards accommodations, dining, and other experiences at Walt Disney World Resort, Disneyland Resort, Aulani (Disney’s Hawaiian resort), and other vacation destinations.
Is Disney Vacation Club Transferable?
The short answer is yes, Disney Vacation Club is transferable. However, there are some restrictions and guidelines that need to be followed.
- Transfer Restrictions:
- Direct Transfer:
- Selling Your Ownership:
- Transfer Guidelines:
- Membership Requirements:
- Transfer Fees:
- Right of First Refusal:
You can transfer your DVC ownership to anyone you choose. However, there are certain restrictions on how you can do it.
If you want to transfer your ownership directly to someone else, they must either be a family member or have been listed on your membership for at least 12 consecutive months.
You can also sell your DVC ownership through Disney or a licensed resale broker. If you choose to go this route, there are no restrictions on who you can sell your ownership to.
While DVC ownership is transferable, there are certain guidelines that need to be followed when transferring ownership.
The new owner must meet the same membership requirements as the previous owner. This includes paying annual dues and staying within the terms of the membership agreement.
There are transfer fees associated with transferring DVC ownership. These fees vary depending on the type of transfer and can range from a few hundred to a few thousand dollars.
Disney has the right of first refusal on all DVC resales. This means that if you choose to sell your ownership, Disney has the option to purchase it back at the same price and terms offered by the buyer. If Disney exercises this right, the sale will not go through.
Conclusion
In conclusion, Disney Vacation Club is transferable but with certain restrictions and guidelines. If you are considering transferring ownership, make sure to familiarize yourself with these guidelines and fees before proceeding. With proper planning and research, transferring your DVC ownership can be a smooth and hassle-free process.